Short YES Bank, target Rs 620: Rahul Shah

Rahul Shah of Motilal Oswal told CNBC-TV18, "Banks have been seeing a lot of pessimism and it has continued. We have seen YES Bank shorting since last three-four days and shorts getting build-up over there. So I feel the stock still can be shorted at this levels, keep a stop loss of Rs 670. It can easily go to Rs 620 which is my target."At 13:25 hrs Yes Bank was quoting at Rs 655.25, up Rs 8.90, or 1.38 percent. It has touched an intraday high of Rs 656.55 and an intraday low of Rs 641.35.